24-Unit Multifamily Condo
For Sale
$6,890,000
225 Country Club Parkway, Maumelle, AR 72113
Residential, Traditional, Maumelle, AR
Property Size41,136 SF
Lot Size1.73 Acres
Price / SF$167.49
Days on Market173
Property Features for 225 Country Club Parkway
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Laundry Room, Great Room, Bedroom 2, Bathroom 1, Bathroom 3
Security features
Security System
Patio and Porch features
Porch, Deck
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Security System, Walk-In Closet(s), Balcony/Loft, Ceiling Fan(s), Walk-in Shower, Wired for Highspeed Inter, Kit Counter-Quartz
Exterior features
Deck, Porch, Guttering
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal
Subdivision
ISABELLE COURT
Lot features
Level, Golf Course Frontage, Cleared, In Subdivision, Golf View
Directions
Maumelle Boulevard to right on Country Club Parkway. Townhomes are on the left just at the entrance to the Country Club of AR Golf Course
Standard status
Active
APN
42M-026-13-030-00
Size
41,136 SF
Lot size
1.73 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
see legal
Tax Annual Amount
760
HOA Fee
$150 Monthly
Legal Description
see legal
Building Details
Year built
2024
Floors in Building
2
Flooring type
Wood, Tile, Vinyl, Carpet
Roof type
Shingle
Architectural style
Other
Listing Agency:
IRealty Arkansas - Sherwood
(501) 392-6298
Listed By:
Jon Kennon · License #EB00082753
(501) 350-5321
Added: Mar 20
Changed: Sep 8
Last Checked: Sep 8 at 8:06PM
MLS# 26010788
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 24-unit condominium portfolio at 225 Country Club Parkway includes townhome-style residences totaling 41,136 square feet on 1.73 acres. The property was built in 2024, with each residence offering three bedrooms and three bathrooms, a great room, laundry room, walk-in closets, quartz kitchen counters, and electric appliances. Interior finishes include wood, tile, vinyl, and carpet flooring, while exterior features include porches, decks, and guttering.
The portfolio is currently occupied by 22 of 24 units. Additional property features include security systems, smoke detectors, electric water heaters, washer and dryer connections, balconies or lofts, high-speed internet wiring, shingle roofing, and walk-in showers. The property is located in Maumelle, Arkansas, in Pulaski County.
The portfolio is currently occupied by 22 of 24 units. Additional property features include security systems, smoke detectors, electric water heaters, washer and dryer connections, balconies or lofts, high-speed internet wiring, shingle roofing, and walk-in showers. The property is located in Maumelle, Arkansas, in Pulaski County.
Key Highlights
- 24‑unit condominium portfolio totaling 41,136 square feet
- 22 of 24 units currently occupied
- Built in 2024 on 1.73 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$309,458
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,189,160
$6.2M
Cap Rate 7%
$4,420,829
$4.4M
Cap Rate 9%
$3,438,422
$3.4M
Market Conditions
NOI Build-Up for 41,136 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$597.3K $14.52/SF
− Vacancy
−$34.6K −$0.84/SF
EGI
$562.7K $13.68/SF
− OpEx
−$253.2K −$6.16/SF
NOI
$309.5K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,189,160
Cap Rate 7%
$4,420,829
Cap Rate 9%
$3,438,422
Alternative Uses
Best Use
Apartment 5plus
$4.42M
$3.87M – $5.16M
NOI $309,458 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.85M
$6.87M – $9.15M
NOI $549,272 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 72113, AR
25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Townhome-style condominium units offer three-bedroom layouts, private outdoor features, and in-place occupancy.
Where is this multifamily property located?
The property is located at 225 Country Club Parkway Maumelle, AR.
What is the asking price?
The asking price for this property is $6,890,000.
What are key features of this property?
This property features: 24‑unit condominium portfolio totaling 41,136 square feet; 22 of 24 units currently occupied; Built in 2024 on 1.73 acres
